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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 91.7 $ 41.2
Accounts receivable, net 423.9 416.1
Inventories 471.5 428.0
Other current assets 56.2 39.6
Total current assets 1,043.3 924.9
Total property, plant and equipment 594.7 656.4
Less: accumulated depreciation (398.7) (441.8)
Property, plant and equipment, net 196.0 214.6
Right of use asset, leases 96.8 105.2
Deferred income taxes 105.0 115.9
Goodwill 779.2 802.5
Identifiable intangibles, net 864.6 902.2
Other non-current assets 6.0 26.0
Total assets 3,090.9 3,091.3
Current liabilities:    
Notes payable 20.2 9.4
Current portion of long-term debt 33.9 33.6
Accounts payable 254.4 308.2
Accrued compensation 36.1 56.9
Accrued customer program liabilities 98.0 101.4
Lease liabilities 22.4 24.4
Current portion of contingent consideration 2.7 24.8
Other current liabilities 122.8 149.9
Total current liabilities 590.5 708.6
Long-term debt, net 1,124.5 954.1
Long-term lease liabilities 81.9 89.0
Deferred income taxes 147.7 145.2
Pension and post-retirement benefit obligations 194.2 222.3
Contingent consideration 0.3 12.0
Other non-current liabilities 78.9 95.3
Total liabilities 2,218.0 2,226.5
Stockholders' equity:    
Common stock 1.0 1.0
Treasury stock (43.4) (40.9)
Paid-in capital 1,894.7 1,902.2
Accumulated other comprehensive loss (539.3) (535.5)
Accumulated deficit (440.1) (462.0)
Total stockholders' equity 872.9 864.8
Total liabilities and stockholders' equity $ 3,090.9 $ 3,091.3